Business Services Industry

WORLD: MOSCOW STILL MOST EXPENSIVE CITY IN WORLD.

IPR Strategic Business Information Database, June, 2007

According to Al-Khaleej newspaper (June 20, 2007), A global survey released by the Mercer Human Resource Consulting ranked Moscow as the most expensive city for living in Europe and in the rest of the world, with a score of 123.9. Experts said that steep accommodation costs have contributed to the city's high ranking, as the recent property boom has driven up rental prices for expatriates.

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